Scalr Raises, Like, A Hundred Dollars

Scalr Raises, Like, A Hundred Dollars

Investment to Continue Building a Simpler, Easier to Use Alternative to RightScale and perhaps get a new mat for the office door

SAN FRANCISCO, CA — Today Scalr announced that it has completed a $95 dollar round of financing. Scalr will use the funds to have lunch at a local Indian restaurant in the Bay area.

The financing consists of several investment sources including Sebastian’s Mom and UTMEF (the Under-The-Mattress-Emergency Fund).

In the last year, Scalr has been called “the best cloud app ever” by some random guy on the Internet, and “America’s best auto-scaling tool” in an internal email from Sebastian to Igor Savchenko, Scalr’s CTO. Sources that leaked the details of that private email wish to remain unnamed, but the company of 10 engineers is so small that it wouldn’t take much to deduce who it was. In 2010 Scalr:

• Expanded from 2 to 3 countries by hiring an Intern from France
• Launched in almost 1 new market, but backed away to remain focused on scaling web apps
• Grew users by 1000% (but hasn’t specified any data points so this is really quite meaningless)
• Saved users from days of downtime by not screwing up and actually doing the job they are supposed to do
• Added support Rackspace Cloud alongside EC2, as well as Eucalyptus and Nimbula, but utterly failed to do so for OpenStack and Cloud.com

“This is definitely not a bubble”, says Gump, senior analyst at Forrester. “Such a conservative amount shows an incredible amount of restraint from the Venture Capital industry.” This comes in stark contrast to Pastel, a startup that raised $41M from Oak Tree Capital before they had even launched.

Scalr Founder and CEO, Sebastian Stadil wasn’t surprised about the new round of financing; “Scalr is already pretty far ahead”, he insists. “We’ve had 3 years to make our software easier to use than our competitor RightScale. For a while we wanted to raise capital as a business model, but twitter beat us to it. We plan on using the capital to get Indian food next Friday.” When asked if the $95 would be enough to pay for lunch for the entire Scalr team, Sebastian declined to comment. He looked worried though.

About Scalr

Scalr is not just an ordinary Cloud management tool. Well, actually, it is, but our marketing department came up with some nice buzzwords to make it sound more interesting than it really is: Scalr is a real-time, open source, distributed, social, mobile, html5 app that helps you scale web applications.